PetroTal (PTAL LN)C; Target price £0.45: Pipeline allowed to restart this week, Bretana to be back on line by the end of August – There were no surprises in the 2Q20 financials. As at August 17, 2020, PetroTal had cash resources of US$13.5 mm, with accounts payable and accrued liabilities of ~ US$37 mm (a reduction of US$12 mm from the end of June). Of this amount, only US$28 mm is due in 2020. Importantly, PetroTal indicated that favourable discussions between the Government of Peru and the com ....
21 Aug 2020
Auctus on Friday - 21/08/2020
Nostrum Oil & Gas Plc (NOG:LON), 6.0 | Harbour Energy Plc (HBR:LON), 277 | Capricorn Energy PLC (CNE:LON), 176 | PetroTal Corp. (PTAL:LON), 44.0 | SDX Energy PLC (SDX:LON), 3.6
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Auctus on Friday - 21/08/2020
Nostrum Oil & Gas Plc (NOG:LON), 6.0 | Harbour Energy Plc (HBR:LON), 277 | Capricorn Energy PLC (CNE:LON), 176 | PetroTal Corp. (PTAL:LON), 44.0 | SDX Energy PLC (SDX:LON), 3.6
- Published:
21 Aug 2020 -
Author:
Stephane Foucaud -
Pages:
4
PetroTal (PTAL LN)C; Target price £0.45: Pipeline allowed to restart this week, Bretana to be back on line by the end of August – There were no surprises in the 2Q20 financials. As at August 17, 2020, PetroTal had cash resources of US$13.5 mm, with accounts payable and accrued liabilities of ~ US$37 mm (a reduction of US$12 mm from the end of June). Of this amount, only US$28 mm is due in 2020. Importantly, PetroTal indicated that favourable discussions between the Government of Peru and the com ....